Corrects company name in the first paragrapgh to Talanx.
Talanx reported a 174% surge in first-quarter Group net income after non-controlling interests to 211 million euros from 77 million euros a year earlier. The company boosted its quarterly operating profit or EBIT to 546 million euros, a significant gain of 274 percent from 146 million euros in the previous year.
The company said the key drivers were the moderate major losses, the associated improvement in the underwriting result as well as a significantly improved investment income.
The Group's net investment income for the quarter climbed 15 percent in the first quarter to 961 million euros from last year's 835 million euros, due to unrealized, extraordinary earnings.
For 2012, the Group aims for organic growth in its gross written premium on a consolidated basis that should be in line with the rates of increase posted over the past 2 years.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.